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Tether (USDT)

About Us

Tether is a token backed by actual fiat currency assets, including USD, Euros and, soon, Japanese Yen. One Tether equals one underlying unit of the currency backing it, e.g., the U.S. Dollar, and is backed 100% by actual assets in the Tether platform’s reserve account. Being anchored or “tethered” to real world currency, Tether provides protection from the volatility of cryptocurrencies.

Tether enables businesses – including exchanges, wallets, payment processors, financial services and ATMs – to easily use fiat-backed tokens on blockchains. By leveraging Blockchain technology, Tether allows you to store, send and receive digital tokens person-to-person, globally, instantly, and securely for a fraction of the cost of alternatives. Tether’s platform is built to be fully transparent at all times.

We’ve combined the best of both worldsGet the joint benefits of open blockchain technology and traditional currency

Stable Currency: Tether converts cash into digital currency, to anchor or tether the value to the price of national currencies like the US dollar, the Euro, and the Yen.

100% Backed: Every tether is always backed 1-to-1, by traditional currency held in our reserves. So 1 USD₮ is always equivalent to 1 USD.

Transparent: Our reserve holdings are published daily and subject to frequent professional audits. All tethers in circulation always match our reserves.

Blockchain Technology: The Tether platform is built on top of open blockchain technologies, leveraging the security and transparency that they provide.

Widespread Integration: Tether is the most widely integrated digital-to- fiat currency today. Buy, sell, and use tethers at Bitfinex, Shapeshift, GoCoin, and other exchanges.